TORVANTA
Other · S&P 500 · data as of 2026-10-05

MSEX stock analysis: MSEX

MSEX (MSEX) is an S&P 500 company in Other. It grades weakest on growth.

The model's view of MSEX · subscribers

Where MSEX ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with MSEX · updated 2026-10-05 · from prices and SEC filings

MSEX price performance

MSEX against the S&P 500, one year
-10%+0%+10%+20%S&P 500 +18%MSEX +2%2025-09-292026-10-05
Year to date+7.4%S&P 500 +14.5% · behind by 7.2 pts
1 year+1.8%S&P 500 +17.0% · behind by 15.3 pts
3 years-13.9%S&P 500 +89.3% · behind by 103.1 pts
5 years-43.8%S&P 500 +91.3% · behind by 135.1 pts

Total returns with dividends reinvested.

MSEX factor grades

Each grade compares MSEX with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

CValueP/E 20.5x (industry 20.1x)FCF yield 5.9% (industry 6.0%)
C-GrowthRevenue growth +5% (industry +8%)EPS growth +7% (industry +10%)
B-ProfitabilityOperating margin 29.2% (industry 9.6%)ROIC 5.9% (industry 10.1%)
C+Momentum12-month change +2%From 52-wk high -12%

MSEX in plain numbers

MSEX key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$1.0B
Revenue growth (y/y)+5%
Free-cash-flow yield5.9%
Dividend yield2.7%
Next earnings (expected)2026-10-30
Valuation measures
Market value$1.0B
Enterprise value$1.4B
P/E (trailing)20.5x
Forward P/E (Torvanta estimate)19.2x
PEG (Torvanta estimate)2.77
Price / sales4.9x
Price / book1.9x
EV / revenue6.8x
EV / EBITDA15.2x
Financial highlights
Revenue, last 12 months$206.1M
Net income, last 12 months$47.9M
EPS, last 12 months (GAAP)$2.59
Operating margin29.2%
Net margin23.3%
Return on equity9.8%
Return on invested capital5.9%
Cash$1.8M
Total debt$403.2M
Debt / equity0.77x
Interest cover4.0x
Current ratio0.50x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

MSEX earnings trends

Revenue vs earnings
$0$14.1M$28.2M$42.3M$56.4MSep 2024 Revenue: $55.1MDec 2024 Revenue: $47.1MMar 2025 Revenue: $44.3MJun 2025 Revenue: $49.3MSep 2025 Revenue: $54.1MDec 2025 Revenue: $47.0MMar 2026 Revenue: $48.7MJun 2026 Revenue: $56.4MSep 2024 Net income: $14.3MDec 2024 Net income: $8.8MMar 2025 Net income: $9.5MJun 2025 Net income: $10.8MSep 2025 Net income: $14.0MDec 2025 Net income: $8.6MMar 2026 Net income: $10.6MJun 2026 Net income: $14.8MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 26.0%Net margin: 18.7%Net margin: 21.4%Net margin: 21.9%Net margin: 25.8%Net margin: 18.3%Net margin: 21.8%Net margin: 26.2%0%13%26%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.2$0.4$0.6$0.8Sep 2024 EPS (GAAP, diluted): $0.8Dec 2024 EPS (GAAP, diluted): $0.5Mar 2025 EPS (GAAP, diluted): $0.5Jun 2025 EPS (GAAP, diluted): $0.6Sep 2025 EPS (GAAP, diluted): $0.8Dec 2025 EPS (GAAP, diluted): $0.5Mar 2026 EPS (GAAP, diluted): $0.6Jun 2026 EPS (GAAP, diluted): $0.8Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -4% · Dec 2025 -6% · Mar 2026 +8% · Jun 2026 +32%

From the company's 10-Q and 10-K filings with the SEC.

MSEX financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$143.0M$162.3M$166.2M$191.8M$194.6M
Net income$36.5M$42.4M$31.5M$44.4M$42.8M
EPS (GAAP)$2.07$2.38$1.76$2.47$2.36
Free cash flow-$46.4M-$30.0M-$37.4M-$15.9Mn/a

MSEX earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$0.79+32%+14%-2.3%
2026-04-30$0.57+8%+10%-3.3%
2026-02-19$0.46-6%-0%-0.4%
2025-10-31$0.77-4%-2%-12.8%
2025-07-31$0.60+2%+0%+2.8%
2025-05-01$0.53-10%+9%-6.6%

About MSEX

HeadquartersIselin, NJ
Industry (SEC code)Water Supply
Fiscal year endsDecember 31
Incorporated inNJ
Listed onNasdaq, OTC

From the company's SEC registration record.

Companies similar to MSEX

CompanyMarket valueP/ERevenue growthOperating margin12-month change
MSEX MSEX$1.0B20.5x+5%29.2%+2%
PCRX PCRX$1.0B71.6x+6%2.7%+1%compare
YELP YELP$1.0B8.9x+2%11.7%-42%compare
LZ LZ$1.0B65.2x+12%4.1%-43%compare
THRM THRM$1.0B37.5x+9%4.0%+1%
TRIP TRIP$1.0B146.5x-4%2.7%-45%
IART IART$1.0Bn/a+2%4.0%-10%

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Frequently asked questions

Is MSEX stock a buy?

Torvanta does not tell individuals what to buy. Its grades for MSEX are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is MSEX's P/E ratio?

MSEX trades at about 20.5 times its last 12 months of GAAP earnings reported to the SEC, and about 19.2 times Torvanta's own estimate of the next 12 months.

When does MSEX report earnings next?

Based on its filing history, Torvanta expects MSEX to report around 2026-10-30.

Does MSEX pay a dividend?

Yes. Its dividend yield is about 2.7%, and it has raised its dividend 3 years in a row.

How has MSEX performed against the S&P 500?

Over the past year MSEX returned +1.8%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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